Canara HSBC Life Insurance Credit Manager Salaries by 4 Employees (Updated 2024)

1 - 7 years exp.

₹2.8 Lakhs - ₹5.7 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Credit Manager Salary in Insurance Companies for 1 - 7 years of experience

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Last Updated: 30 May 2024

Companies similar to Canara HSBC Life Insurance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Credit Manager Salary 0 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹9.5 L/yr 49% more
ICICI Prudential Life Insurance Credit Manager Salary 0 - 2 years exp. (3 salaries)	₹2.6 L/yr - ₹8 L/yr 28% more
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4.2 L/yr - ₹14.5 L/yr 135% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.6k salaries)	₹3.5 L/yr - ₹14 L/yr 102% more	3 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15.2 L/yr 114% more

Credit Manager salary at Canara HSBC Life Insurance ranges between ₹2.8 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Credit Manager salaries

Last Updated: 30 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr

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Salary related reviews for Canara HSBC Life Insurance

Senior Associate in Belgaum

Full Time

Finance & Accounting Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Flexible time, salary on time good bank support to generate business

Dislikes

Sales Training is not upto the mark ..service problems are big challenges.. there is no such correct path get resolving any it or service issues

Sales Officer in Mysuru / Mysore

Full Time

Sales & Business Development Department

2.0

• posted on 09 Feb 2023

2.0

for Salary and Benefits

Likes

I can't like any thing because canara hsbc its a good company but from the RUH level management its worst.

Dislikes

Salary package Every 2nd and 4th Saturday meeting in HUB And some time they conducted meeting from 5.30 pm to 9 pm its very irritating. They are ready to debit only premium amount afterthat issuing problem and policy bond delivery problem.

Senior Associate in West Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

The way HR fools you by not disclosing their so important company policy. Giving you high salary packages, as a trap.

Dislikes

..., ICICI prudential, but nothing .. seriously nothing is worst like this company. Their reporting managers don't know anything about the process but they only know how to cut your salary... Everyone is here to blaming you only that all your fault. Before joining here I was a good performer in my job i know how to work , in my previous companies I have lots of achievements, but after joining here I loose my self confidence, I loose my mental health, I loose my peace of mind. And all this I got within 4 months of joining. I have resigned here and not expecting to join this company again ever in my life, worst worst worst experience. I will never let go here anyone from my friends and my reference. Suggestion for everyone. I don't have option to give less star than 1 . Every feedback here which show more than 3 star is could be fake or from the higher management or HR or the any lucky person here who got business easily. Worst product they have. They do so much miss sale in branch. Numbers of complaints have registered against their of miss selling. If you are able to do miss sale or Miss guide to the customer, only than you can stay here last long otherwise I bet you.... You won't stay here for long.

Relationship Manager in Meerut

Customer Success, Service & Operations Department

3.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

If you can handle pressure & You are enough clever to handle the situation & Politics. You Can earn extra incentives here no doubt. It's all about your supervisior. It's your luck to get a good CBM.

Dislikes

everything expect the Salary on time.

Sales Officer in Hoshiarpur

Other Department

1.0

• posted on 22 Nov 2018

1.0

for Salary and Benefits

Likes

It was literally a very bad experience no compensation no benefits to the employees superiors are worst no career growth and zero job security. I must say that go there only if u want to hamper ur growth

Dislikes

Superiors don't have any knowledge no support from there end. This is the main reason why i leave

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Canara HSBC Life Insurance Credit Manager Salary FAQs

What is the salary of Credit Manager at Canara HSBC Life Insurance?

Credit Manager salary at Canara HSBC Life Insurance in India ranges between ₹2.8 Lakhs to ₹5.7 Lakhs for experience between 1 years to 7 years. According to our estimates it is 46% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance India.

How does the salary of a Credit Manager at Canara HSBC Life Insurance India compare with the average salary range for this job?

The average salary of a Credit Manager at Canara HSBC Life Insurance is 46% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Canara HSBC Life Insurance to a Credit Manager in India?

ICICI Bank Credit Manager Salary - ₹4.2 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.2 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
HDFC Life Credit Manager Salary - ₹4.2 Lakhs to ₹9.5 Lakhs per year
ICICI Prudential Life Insurance Credit Manager Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Credit Manager at Canara HSBC Life Insurance in India?

The estimated take-home salary of a Credit Manager at Canara HSBC Life Insurance ranges between ₹31,037 per month to ₹32,336 per month in India. The take-home salary calculation is based on the average Canara HSBC Life Insurance Credit Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Canara HSBC Life Insurance?

According to AmbitionBox, 100% of the Canara HSBC Life Insurance Credit Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Credit Manager Salaries

Canara HSBC Life Insurance Credit Manager salary in India ranges between ₹2.8 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.